Tag Archives: Medicare

When John Sullivan’s aging mother needed to move, it was a challenging experience. Sullivan’s mother had macular degeneration and couldn’t drive anymore. Consequently, he and his brother looked for senior living communities. But they had many questions, many of which they didn’t know the answer to. Adding to those difficulties, …

When it comes to the forecast for your Social Security benefits in 2020, there’s good news and bad news. Your Social Security checks are poised to grow next year; however, the annual increase likely won’t be as much as you got in 2019. That’s according to The Senior Citizens League, …

Early retirement may sound like a dream. However, if today’s retirees are any indication, you may want to rethink how you plan financially. Photo taken in Big Island, United States Shawn Walters / EyeEm | EyeEm | Getty Images A new survey from NerdWallet finds that today’s retirees stopped working …

Don Humbertson, a 64 year old lung cancer surviver, is examined by Dr. Wade Harvey at the Clay-Battelle Community Health Center March 21, 2017 in Blacksville, West Virginia. Brendan Smialowski | AFP | Getty Images After paying into Medicare through payroll withholding for many years, you might think your coverage …

Experts have a message for anyone thinking about relying on basic Medicare with no extra coverage: Don’t do it. With deductibles, copays, coinsurance and — this is a biggie — no out-of-pocket maximum, the program has a variety of costs that make having no backup insurance a huge financial risk. …

President Donald Trump has considered new payroll tax cuts to let American workers take home bigger pay checks. But such a move could have negative consequences for both individuals and the economy, a number of experts warn. The president told reporters on Tuesday that he is “thinking about” cutting payroll …

wundervisuals | E+ | Getty Images If you’re panicking over Wednesday’s market declines, here’s your silver lining: You might have a great opportunity to save on taxes. The Dow Jones Industrial Average plummeted by more than 600 points on Wednesday morning, amid news that the yield curve has inverted. In …

For some retirees who are on Medicare, the workforce ends up beckoning them back — and one result can be employer-sponsored health insurance. While that coverage could mean you (and your spouse) are able to drop parts of Medicare and pick them back up again down the road without paying …

A string of pending proposals on Capitol Hill could change the way current and future retirees live. But that’s assuming they can first get through both Houses of Congress. The U.S. Capitol Building in Washington, D.C. Adam Jeffery | CNBC And time is ticking as August recess has already begun. …